The stock rose to its 52-week high level of 675.70 in early morning trade rising more than 4.63% in early morning trade. The stock has been gaining for the last three days and has risen 5.51% during the period.

Chaudhry, who resigned from the post of MD and CEO of HDFC Standard Life Insurance Company on Saturday, has been appointed as MD and CEO for a period of 3 years, with effect from January 1, 2019 up to December 31, 2021.

Chaudhry stepped down from the post of managing director and CEO of HDFC Life Insurance on Saturday. Speculations of him heading the Axis Bank emerged after he offloaded shares worth Rs 55.77 crore between April and August this year.

Sanofi India has just hired a seasoned professional from the FMCG space, appointing N Rajaram general manager for pharmaceutical operations in India, a position it has created for the first time. Rajaram comes to Sanofi with over two decades of experience with Hindustan Unilever, and thereafter in the telecom industry with Airtel

intelloCut, the software developed by Threadsol Softwares, the start-up founded by Manasij Ganguli and his former colleagues Abhishek Srivastava and Bratish Goswami from Noida's Impetus Infotech, helps cut down fabric wastage.